SGDIX: Deutsche Gold & Precious Metals Instl

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SGDIX Deutsche Gold & Precious Metals Instl


Profile

SGDIX - Profile

Vitals

  • YTD Return 15.5%
  • 3 Yr Annualized Return 92.2%
  • 5 Yr Annualized Return 50.5%
  • Net Assets $1.03 B
  • Holdings in Top 10 55.0%

52 WEEK LOW AND HIGH

$48.15
$29.04
$49.10

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.28%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 12.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 15.5%
  • 3 Yr Annualized Total Return 92.2%
  • 5 Yr Annualized Total Return 50.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.94%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Sprott Gold Equity Fund
  • Fund Family Name
    Tocqueville
  • Inception Date
    Apr 08, 2019
  • Shares Outstanding
    5032869
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Hathaway

Fund Description

The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, in securities of companies located throughout the world, in both developed and emerging markets, that are primarily engaged in mining or processing gold (“Gold Related Securities”). It may also invest in gold bullion and other precious metals, i.e., silver and platinum (“Other Precious Metals”). However, no more than 20% of the fund's total assets may be invested directly in gold bullion and other precious metals. The fund is non-diversified.


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Categories

Performance

SGDIX - Performance

Return Ranking - Trailing

Period SGDIX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.5% -36.7% 24.2% 25.44%
1 Yr N/A -35.4% 87.3% 0.88%
3 Yr 92.2%* -30.8% 92.2% 0.94%
5 Yr 50.5%* -22.0% 50.5% 1.03%
10 Yr N/A* -14.3% 7.5% N/A

* Annualized

Return Ranking - Calendar

Period SGDIX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -25.1% 52.1% 0.88%
2018 N/A -46.3% -1.6% 0.91%
2017 3.8% -39.4% 19.1% 60.78%
2016 45.8% 3.4% 50.2% 5.10%
2015 -26.6% -31.0% 0.0% 78.35%

Total Return Ranking - Trailing

Period SGDIX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.5% -36.7% 24.2% 25.44%
1 Yr N/A -35.4% 87.3% 0.88%
3 Yr 92.2%* -30.8% 92.2% 0.94%
5 Yr 50.5%* -19.3% 50.5% 1.03%
10 Yr N/A* -14.3% 8.9% N/A

* Annualized

Total Return Ranking - Calendar

Period SGDIX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -25.1% 52.1% 0.88%
2018 N/A -46.3% -1.6% 0.91%
2017 3.8% -9.5% 22.7% 70.59%
2016 45.8% 4.1% 73.0% 34.69%
2015 -26.6% -31.0% 0.6% 78.35%

NAV & Total Return History


Holdings

SGDIX - Holdings

Concentration Analysis

SGDIX Category Low Category High SGDIX % Rank
Net Assets 1.03 B 6.3 M 1.98 B 17.54%
Number of Holdings 57 22 306 50.00%
Net Assets in Top 10 430 M 2.17 M 1.01 B 24.56%
Weighting of Top 10 54.99% 16.9% 73.6% 38.60%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High SGDIX % Rank
Stocks
74.93% 62.51% 102.09% 89.47%
Other
21.55% -0.28% 23.45% 7.02%
Cash
3.52% -2.09% 25.18% 34.21%
Preferred Stocks
0.00% 0.00% 0.00% 76.32%
Convertible Bonds
0.00% 0.00% 2.46% 79.82%
Bonds
0.00% 0.00% 9.85% 78.95%

Stock Sector Breakdown

Weighting Return Low Return High SGDIX % Rank
Basic Materials
100.00% 0.24% 100.00% 32.46%
Utilities
0.00% 0.00% 37.94% 90.35%
Technology
0.00% 0.00% 35.02% 93.86%
Real Estate
0.00% 0.00% 6.35% 81.58%
Industrials
0.00% 0.00% 50.32% 95.61%
Healthcare
0.00% 0.00% 17.47% 84.21%
Financial Services
0.00% 0.00% 13.80% 78.95%
Energy
0.00% 0.00% 74.19% 92.11%
Communication Services
0.00% 0.00% 0.10% 78.07%
Consumer Defense
0.00% 0.00% 9.87% 80.70%
Consumer Cyclical
0.00% 0.00% 12.67% 89.47%

Stock Geographic Breakdown

Weighting Return Low Return High SGDIX % Rank
Non US
70.16% 1.21% 90.84% 35.09%
US
4.77% 3.58% 98.58% 98.25%

Expenses

SGDIX - Expenses

Operational Fees

SGDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.28% 0.47% 4.31% 54.39%
Management Fee 0.88% 0.00% 1.25% 73.68%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.03% 0.45% 65.22%

Sales Fees

SGDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SGDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.50% 2.00% 76.47%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SGDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 8.00% 111.00% 1.82%

Distributions

SGDIX - Distributions

Dividend Yield Analysis

SGDIX Category Low Category High SGDIX % Rank
Dividend Yield 0.00% 0.00% 0.46% 77.19%

Dividend Distribution Analysis

SGDIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

SGDIX Category Low Category High SGDIX % Rank
Net Income Ratio -0.94% -1.89% 4.18% 93.86%

Capital Gain Distribution Analysis

SGDIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

SGDIX - Fund Manager Analysis

Managers

John Hathaway


Start Date

Tenure

Tenure Rank

Jun 29, 1998

21.85

21.9%

John Hathaway, CFA, is a Senior Portfolio Manager at Tocqueville Asset Management L.P. Mr. Hathaway joined Tocqueville in 1997 where he is a co‐portfolio manager of the Tocqueville Gold Fund as well as other investment vehicles in the Gold Equity strategy. He is also the portfolio manager of private funds. Prior to joining Tocqueville, Mr. Hathaway co‐founded and managed Hudson Capital Advisors followed by seven years with Oak Hall Advisors as the Chief Investment Officer in 1986. In 1976, he joined the investment advisory firm David J. Greene and Company, where he became a Partner. Mr. Hathaway began his career in 1970 as an Equity Analyst with Spencer Trask & Co. Mr. Hathaway earned a B.A. from Harvard College and an M.B.A. from the University of Virginia. Mr. Hathaway is also the Chairman of Tocqueville Management Corporation, the General Partner of Tocqueville. He also holds the CFA designation.

Douglas Groh


Start Date

Tenure

Tenure Rank

Jan 01, 2012

8.33

8.3%

Douglas B. Groh is a Portfolio Manager at Tocqueville Asset Management L.P. He joined Tocqueville in 2003. Prior to joining Tocqueville, Mr. Groh was Director of Investment Research at Grove Capital from 2001 to 2003 and from 1990 to 2001 held investment research and banking positions at J.P. Morgan, Merrill Lynch and ING Bank. Mr. Groh began his career as a mining and precious metals analyst in 1985 at U.S. Global Investors. Mr. Groh earned a B.S. in Geology and Geophysics from the University of Wisconsin-Madison and an M.A. from the University of Texas at Austin, where he focused on mineral economics.

Nicole Adshead-Bell


Start Date

Tenure

Tenure Rank

Apr 28, 2020

0.01

0.0%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 32.26 9.66 13.76